Stellar (XLM) Surges 15%—Is $1 the Next Target?

 Today, August 8, 2025, Stellar (XLM) is making headlines with a powerful 15.59% daily surge, bringing its price near $0.46–$0.47 USD. This rally is fueled by a mix of technical strength and positive market sentiment, putting XLM firmly back on crypto investors’ radars. 

Several key factors are driving this bullish momentum. Technical indicators show XLM breaking out of a falling channel pattern, while open interest has climbed nearly 40%, signaling renewed investor engagement. These bullish signals suggest that the crypto is setting up for further gains—possibly even targeting the coveted $1 mark, a level XLM hasn’t seen since the 2021 bull cycle. 

Adding momentum, today’s breakout also comes amid broader fundamentals: Stellar’s pending Protocol-23 upgrade and continued alignment with ISO 20022 payment standards are boosting confidence. These improvements promise more utility and institutional adoption, reinforcing bullish sentiment among long-term holders. 

XLM’s impressive 68% rally in July laid the groundwork for its current push, but analysts urge caution. Historically, August has been a weaker month for Stellar—often a time for consolidation or pullback. 

Still, if today’s momentum holds and the Sector maintains technical strength, the $1 breakout scenario remains plausible. Whether fueled by upgrades, investor FOMO, or broader crypto recovery, XLM’s future this month is one to watch closely.